LONDON, Jan 6 (Reuters) - British clothing retailer Next
on Thursday beat guidance for sales in the run-up to
Christmas and raised its full-year profit outlook for a fifth
time in ten months.
Next, which trades from about 500 stores and online, said
full-price sales rose 20% in the eight weeks to Dec. 25 versus
the same period in its 2019-20 year, before the pandemic
impacted trading. That compares to guidance of a rise of 10.2%.
It forecast a full-year 2021-22 pretax profit of 822 million
pounds ($1.1 billion) up from the 800 million pounds previously
guided.
($1 = 0.7400 pounds)
(Reporting by James Davey; Editing by Kate Holton)
Next (NXT)